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RMB Mendon Financial Services Fund Class C (RMBNX)

40.28
Net Asset Value
-4.39%
1 Day
+5.11%
Year-to-Date
Overall Morningstar Rating
Financial
Style or Category
No Load
Sales Expenses
2.16%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund pursues its investment objective by investing at least 80% of its net assets (including borrowing- if any) in stocks of U.S. companies that are in the financial services sector. It may invest in companies of any size- but- under normal conditions- the fund invests primarily in mid- small and micro capitalization financial services companies. The advisor intends to remain fully invested with only minimal investments in cash- or short-term debt instruments or money market funds.

Performance

1 month+5.09% 3 years+21.96%
3 months+11.15% 5 years+21.45%
1 year+14.39% Since inception+9.40%
Data through --

Peer Comparisonvs. Financial

 RMBNXCategory
Performance 5-yr return+21.45%+15.05%
Expense ratio2.16%1.73%
Risk 5 year sharpe ratio1.541.12
Net assets$641.1M$459.5M
Average market cap$871.5M$3.3B
Average P/E22.08.9
Portfolio turnover71%71%

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Fund Management and Purchase Info

Fund familyRMB Funds
Fund manager & tenureAnton Schutz / 18 Years
Minimal initial investment$2,500.00
Minimum IRA investment$100.00

Holdings

U.S. stock95.64%
Cash2.42%
Fixed income1.94%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
FBK FB Financial Corp7.04%
FBNC First Bancorp5.35%
PNFP Pinnacle Financial Partners Inc5.33%
-- 4.01%
TBK Triumph Bancorp Inc3.76%
PPBI Pacific Premier Bancorp Inc3.54%
LOB Live Oak Bancshares Inc3.04%
SBCF Seacoast Banking Corporation of Florida2.76%
LION Fidelity Southern Corp2.52%
OCFC OceanFirst Financial Corp2.49%